04 July 2012, Dubai: A survey recently commissioned by propertyfinder.ae – the UAE’s number one dedicated property portal – has revealed the top nationalities now buying property in the country.
According to the survey respondents, by far the most prominent buyers in the UAE property market are Indian – with well over half of the respondents rating them the major spenders.
Interestingly, they were followed by Pakistani and Russian in joint second place – and Iranian closely behind in third place.
These top positions were followed further down the results rankings by British, Saudi Arabian and Emirati investors.
The industry survey, sponsored independently by propertyfinder.ae, aimed to gather the most up-to-date property trends, news and updates from the database of 3000 property brokers registered with the site.
“Our survey has thrown up some intriguing data and I think that this league table of the nationalities who are currently the most prominent buyers in the UAE will be valuable information to real estate industry professionals and residents alike,” said Renan Bourdeau, managing director of propertyfinder.ae.
“As the global economy recovers from a tumultuous period, it is interesting to see which countries have cash to invest in property in the Middle East. At propertyfinder.ae we know that analysing and reporting these kinds of trends directly impacts the decisions that are made across the business sphere.”
propertyfinder.ae is the UAE’s number one dedicated property portal. With a focus on joining property seekers with agents and brokers in both English and Arabic, it provides buyers and renters with a comprehensive property search alongside tools and information – and provides real estate agents with the largest potential audience of house-hunters in the UAE.
Visitors can use propertyfinder.ae to access more than 50,000 up-to-date listings for residential and commercial properties and also view local real estate news, home styling and design features and useful advice and guides on buying and selling in the UAE.
Properties are listed in residential and commercial sectors from accredited and RERA compliant agents and brokerages. The propertyfinder.ae team manages our members and browsers in an efficient manner to ensure that best practices are respected with a maximum of transparency.